News from IFF A wide array of domestic and global news stories; news topics include politics / government, business, technology, religion, sports/entertainment, science/nature, and health/lifestyle. Articles that appear in this section may be written in English or other languages, as well.

Dec 19, 2012, 01:01 ET

St. Louis Nonprofits Improving Low-Income Communities with Help From CDFI Leader IFF

Disabled Adults, Abused Women Among Beneficiaries   St. Louis nonprofits serving some of the city's most needy communities are realizing...

Dec 07, 2012, 01:01 ET
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West Cook County Housing Collaborative Announces First Availability of High-Quality Affordable Homes

Governor Quinn Praises Program as "Economically Smart" The West Cook County Housing Collaborative, a joint effort between the municipalities...

Aug 09, 2012, 11:51 ET

U.S. Department of Treasury Awards $4.5 Million to Midwest's Top-Rated Community Development Financial Institution (CDFI) IFF

IFF Will Leverage Private Capital to Expand Lending to Organizations in Low-Income Areas IFF, one of the nation's leading community...

Jun 27, 2012, 09:00 ET

Indiana Creates Charter School Facilities Loan Fund

Nonprofit CDFI Leader IFF Selected by State to Implement Fund Recognizing that quality charter schools require quality facilities, the State...

Jun 12, 2012, 09:12 ET
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Midwest's Top-Rated Community Development Financial Institution (CDFI), IFF, Opens First Office in Iowa

As Government Aid Shrinks, CDFIs' Leveraging of Private Resources Grows in Importance With government support for low-income communities...

Feb 24, 2012, 18:06 ET

The Midwest's Top Rated CDFI, Nonprofit Lender IFF, Receives $25 Million in New Markets Tax Credit Allocation

  Achieves Organizational Milestone of Over $1 Billion Leveraged in Community Investment Since 1988  On February 23, the U.S....

Nov 16, 2011, 12:09 ET

Nonprofit Lender IFF Receives $5.5 Million From Bank of America to Finance Energy Efficient Building Retrofits

Creating jobs, reducing utility costs and carbon emissions for low-income Communities IFF, the nonprofit lender and real estate consultant,...

Nov 02, 2011, 13:28 ET

Community Lender IFF Receives Grant from Starbucks and Opportunity Finance Network's "Create Jobs for USA" Program

 A local community lender today received a $231,000 capital grant from the Create Jobs for USA Fund, a collaboration between Starbucks and...

Sep 22, 2011, 14:04 ET

Nonprofit Lender IFF Selected for U.S. Healthy Foods Financing Initiative

Receives $3 Million Grant to Finance Retail Projects in Midwestern "Food Deserts" The U.S. Department of the Treasury last week awarded IFF, the...

Jul 11, 2011, 16:52 ET

IFF Receives $1 Million Grant to Reduce Energy Use by Area Nonprofits

Funds Will Leverage a Total of $10 Million in Financing for Retrofit Projects Energy Impact Illinois, the alliance that provides people and...

Jun 07, 2011, 10:00 ET

Nonprofit Lender IFF Joins Federal Home Loan Bank of Chicago

Becomes First Community Development Loan Fund Member The Federal Home Loan Bank of Chicago (FHLBank Chicago) announced today that IFF, the...

Apr 19, 2011, 12:25 ET

IFF Expands Popular Investor Consortium to Include More States

Banks Buy $10 Million in Notes Backed by Loans to Midwestern Nonprofits IFF, the nonprofit lender and real estate consultant, today celebrated...

Mar 14, 2011, 12:16 ET

IFF, Banks Launch $8-Million Loan Pool for Nonprofits in Low-Income Communities

Extends Benefits of New Markets Tax Credit Financing to Smaller Projects IFF, the nonprofit lender and real estate consultant, today announced...

Dec 09, 2010, 13:00 ET

Joe Neri Named New CEO of Midwest's Top-Rated CDFI

Assumes Leadership as IFF Earns Exclusive AAA+1 Rating from CARS™ IFF, the largest community development financial institution (CDFI)...

Nov 03, 2010, 14:05 ET

Communities at Work Fund™ Announces $60 Million of Loans to Fuel Small Business Lending in Low-Income U.S. Communities

IFF Received $20 Million Communities at Work Fund™ announced on November 3rd that it has approved financing for $60 million from the Fund's...

Aug 19, 2010, 15:04 ET

IFF Receives $750,000 in Unrestricted Capital

CDFI Fund Award will Increase Lending to Midwest Nonprofits IFF has received an award of $750,000 in capital from the U.S. Treasury Department's...

May 13, 2009, 08:00 ET

Chicago Public School Reforms and Renaissance 2010 Add 60,000 Performing Seats to Neighborhood Elementary Schools

Need for Performing Elementary Schools Remains High on South and West Sides; Neighborhood High Schools Show No Improvement IFF, formerly the...

Dec 12, 2008, 09:00 ET

Community Lender Awarded $5.5 Million to Expand Services in Midwest

IFF (http://www.iff.org), formerly the Illinois Facilities Fund, has received the highly competitive 2008 Wachovia NEXT Award for Opportunity...

Aug 28, 2008, 01:00 ET

Chicago-Based IFF Selected to Receive Community Development Financial Institution Award

CHICAGO, Aug. 28 /PRNewswire/ -- Today, the U.S. Treasury Department's Community Development Financial Institution (CDFI) Fund announced that...

Dec 03, 2007, 00:00 ET

Chicago-Based IFF Selected to Receive Fast Company's Social Capitalist Award

CHICAGO, Dec. 3 /PRNewswire/ -- Each year, Fast Company evaluates nonprofit corporations across the country, and identifies a select number of...